Auto Trader Group PLC (LON:AUTO) hit a new 52-week high on Wednesday . The stock traded as high as GBX 593.20 ($7.75) and last traded at GBX 591.40 ($7.73), with a volume of 3889691 shares. The stock had previously closed at GBX 569.60 ($7.44).
AUTO has been the subject of a number of recent analyst reports. Shore Capital reaffirmed a “hold” rating on shares of Auto Trader Group in a report on Monday, April 29th. Citigroup cut Auto Trader Group to a “neutral” rating and boosted their target price for the company from GBX 494 ($6.45) to GBX 580 ($7.58) in a research note on Friday, May 10th. Peel Hunt reaffirmed an “add” rating on shares of Auto Trader Group in a research note on Monday, April 1st. Liberum Capital upped their price target on Auto Trader Group from GBX 470 ($6.14) to GBX 620 ($8.10) and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Finally, UBS Group upped their price target on Auto Trader Group from GBX 445 ($5.81) to GBX 510 ($6.66) and gave the stock a “buy” rating in a research note on Tuesday, February 5th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 478 ($6.25).
The company has a market capitalization of $5.39 billion and a P/E ratio of 31.46. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 1,669.31.
COPYRIGHT VIOLATION WARNING: “Auto Trader Group (AUTO) Sets New 1-Year High at $593.20” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece on another publication, it was stolen and republished in violation of international copyright and trademark law. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2019/05/15/auto-trader-group-auto-sets-new-1-year-high-at-593-20.html.
Auto Trader Group Company Profile (LON:AUTO)
Auto Trader Group plc operates in the digital automotive marketplace in the United Kingdom and Ireland. It offers its products to retailers and home traders, and logistics firms; vehicle advertisement on its Websites for private sellers, as well as insurance and loan financing products to consumers; and display advertising on its Websites for manufacturers and their advertising agencies.
Featured Article: What is Blockchain?
Receive News & Ratings for Auto Trader Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Auto Trader Group and related companies with MarketBeat.com's FREE daily email newsletter.